120 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2023 (expressed in Barbados dollars) 25 Financial Risk Management …continued 25.4 Interest rate risk …continued 2022 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-interes bearing $ Assets Cash resources 388,880,049 2,269,186 9,921,574 – 7,327,902 Financial investments 872,035 15,038,204 10,473,968 1,750,265 3,858,833 Loans and advances 34,032,222 72,267,093 219,540,136 1,060,766,804 12,216,114 Other assets – – 54,355 120,848 19,861,480 Total assets 423,784,306 89,574,483 239,990,033 1,062,637,917 43,264,329 Liabilities Deposits 824,472,905 246,563,968 591,286,031 36,972,328 103,725 Loans payable – – – 1,277,297 – Reimbursable shares – – – – 20,756,626 Other liabilities 526,884 1,015,371 4,742,939 1,371,148 16,356,960 Total liabilities 824,999,789 247,579,339 596,028,970 39,620,773 37,217,311 Interest rate gap (401,215,483) (158,004,856) (356,038,937) 1,023,017,144 6,047,018 Public Workers’ Co-operative Credit Union Limited onsolidated Financial Statements 3 rbados dollars) 88 Risk Manageme t …continued e risk …conti u d 2022 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-interest bearing $ Total $ ces 388,880,049 2,269,186 9,921,574 – 7,327,902 408,398,711 vestments 872,035 15,038,204 10,473,968 1,750,265 3,858,833 31,993,305 dvances 34,032,222 72,267,093 219,540,136 1,060,766,804 12,216,114 1,398,822,369 – – 54,355 120,848 19,861,480 20,036,683 s 423,784,306 89,574,483 239,990,033 1,062,637,917 43,264,329 1,859,251,068 824,472,905 246,563,968 591,286,031 36,972,328 103,725 1,699,398,957 ble – – – 1,277,297 – 1,277,297 le shares – – – – 20,756,626 20,756,626 ties 526,884 1,015,371 4,742,939 1,371,148 16,356,960 24,013,302 ities 824,999,789 247,579,339 596,028,970 39,620,773 37,217,311 1,745,446,182 gap (401,215,483) (158,004,856) (356,038,937) 1,023,017,144 6,047,018 113,804,886 ados Public Workers’ Co-operativ Credit Union Limited o the Consolidated Financial Statements 31, 2023 d in Barbado dollars) ancial Risk Managemen …continu d rest rate risk …continued 2022 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-interest bearing $ To ets h resources 388,880,049 2,269,186 9,921,574 – 7,327,902 408,398,7 ncial investments 872,035 15,038,204 10,473,968 1, 50,265 3,858,833 31,993, ns a d advances 34,032,222 72,267,093 219,540,1 6 1,060,766,804 2,216,114 1,398,822,3 er assets – – 54,355 120,848 19,861, 0 20,036,6 al assets 423,784,306 89,574,483 239,990,0 3 1,062,637,917 43,264,329 1,859,251,0 bilities osits 824,472,905 6,563,968 591,286,031 36,972, 28 103,725 1,6 9, 98,9 ns payable – – – 1,277,297 – 1,277,2 mbursable shares – – – – 20,756,626 20,756, er liabilities 526,884 1,015,371 4,742,939 1,371,148 ,356,960 24,013,3 al liabilities 824,999,789 7,579,339 596,028,970 39,620, 73 37, 17,311 1, 45,446, est rate gap (401,215,483) (158,004, 56) (356, 38,937) 1,023,017,144 6,047,018 113,804, dos Public W rkers’ Co-operative Credit Union Limited he Consolidated Financi l St ments , 20 3 in Barbados dollars) c al Risk Management …continued st rate risk …continued 20 2 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-inter st bearing $ Tota esources 388,880,049 2,2 9,186 9,9 1,574 – 7,3 7,902 408 398 711 ial investments 872,035 15,038,2 4 10,47 ,968 1,7 0,265 3,858,833 1 993 305 and advances 34,032, 2,267,093 219,540,136 1,0 0,766,804 12,21 ,114 1,398 822 369 assets – – 4,355 120,848 9,861,4 0 20 0 6 6 3 assets 423,784,306 89,5 4,483 239,990,033 1,062,637,917 3,2 4,329 1,859 251 068 ities it 8 4,472,905 246,563,968 591,28 ,031 36,972,328 103,725 1,699,398 957 pay ble – – – 1,2 7,297 – 1,2 7,297 ursable shares – – – – 20,756, 2 7 liabilities 526,884 1,0 5,371 4,742,9 9 1,3 1,148 16,356,960 24 013 302 liabilities 824,9 ,789 247,57 ,339 596,028,970 39,620,773 37,2 7,311 1,745 446 182 t rate gap (401,215,483) (158,004,856) (356,038,937) 1,023,017,144 6,047,0 8 113 804 886 os Public Workers’ C -ope ative Credit Union Lim ted e Consolidated Financial Sta ements 023 B rbados dollars) 88 al Risk Management …continued rate risk …continued 0 2 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-inter st bearing $ Total $ ources 3 ,8 0 049 2,269 186 9,9 1 574 – 7,32 902 408,39 711 l investments 872,035 15,038 204 10,473 968 1,750 265 3,858 33 31,993 305 d advances 34,0 22 72,267 093 219,540 136 1,060 7 6 804 2,2 6 1 4 1,398 822 369 sets – – 54,3 5 120,84 19,861 480 20,036 683 ets 423,784 306 89,574 483 23 ,990 033 1,0 2 637 91 43,264 329 1,859 2 1 068 es 824,472 905 24 ,563 9 8 591,286 031 36, 7 328 103,725 1,69 3 8 957 y ble – – – 1,277 9 – 1,277 9 sable shares – – – – 20,756 62 20,756 62 bi ties 526,884 ,015 371 ,742 93 1,37 148 16,35 960 24,013 302 bil ties 824,999 78 24 ,579 33 596,028 970 39,620 773 37,21 3 1 1,7 5 4 6 182 ate g p (40 ,215 483) (158,004 856) (356,038 9 7) 1,023 7 144 6,047 18 113,804 86 s Public Workers’ Co-operative Credit Union Limited Consolidated Financial Statem nts 23 arbados d llars) l Risk Management …continued a e risk …continued 202 Up to 3 months $ Within 3 - 12 months $ Within 1 - 5 years $ Over 5 years $ Non-interest bearing $ Tot l $ urces 3 8, 80,049 2, 69,186 9, 21,574 – 7,327,902 408,398,71 nvestments 872,035 15,038,204 10,473,968 1,750,265 3,858,83 31,993,305 adv nces 34,03 ,2 72, 67, 93 219,540,136 1,060,766,804 12,216,1 4 1,398,822,369 t – – 54,35 120,848 19,861,480 20, 36, 83 t 423,784, 06 89,574,483 239, 90,03 1,062,637, 17 43,264,329 1,859,251,068 824, 72,905 246,563,968 591,286,031 36,972,328 103,725 1,699,398, 57 able – – – 1,277,297 – 1,277,297 able shar s – – – – 20,75 ,626 20,75 ,626 ilities 526,8 4 1,015,371 4,742,939 1,371,148 16,356,960 24,013,302 it es 824,999,789 247,579,3 9 596,028,970 39,620,7 3 37,217,311 1,745,446, 82 t gap (401,215,483) (158,004,856) (356,038,937) 1,023,017,14 6,047, 18 13,804,8 6 ublic Worke s’ Co-operative Credit Union Lim ted s lidated Financial St tements dos ollars) 88 sk Management …co ti ued isk …continued 20 2 Up to 3 months $ With n 3 - 12 months $ With n 1 - 5 years $ Over 5 years $ Non-inter st bearing $ Total $ s 388,8 0,049 2,269 186 9,921 574 – 7,32 902 408,39 ,711 stments 872,035 1 ,038 2 4 10,473 968 1,750 265 3,85 33 1,993 305 a ces 34,0 2 22 7 ,267 093 219,540,136 ,06 766,804 12,216 1 4 ,398 822,369 – – 54,3 5 120,84 19,861 4 0 20,036 683 423,784,306 89,574 483 239,990,033 1,062 637,91 43,264 3 9 1,859 2 1,068 824,472,905 246,563,9 8 591,286,031 6,972 328 103,725 1,699 3 8,957 – – – 1,277 9 – 1,277 9 har s – – – – 20,756 62 20,756 62 s 526,884 1,015 371 4,742 93 1,37 148 16,35 960 24,013 3 2 es 824,99 ,78 247,579,33 596,028,970 39,620 773 37,21 3 1 ,745 4 6,182 p (401,215,483) (158,004,856) (3 6,0 8,9 7) 1,023 017,144 6,047 18 113,804, 6 lic Workers’ Co-operative Cred t Un on Limited idated F n nc al Statem nts doll rs) 88 Management …co tinued …continued 202 Up to 3 months $ Within - 12 months $ Within 1 - 5 years $ Over 5 years $ Non- terest bearing $ Total $ 388, 0,049 2,26 ,186 9,921,574 – 7,327,902 4 8,398,711 ents 872,035 15,038,204 1 , 73,968 1,750,265 3,858,8 3 31,993, 05 e 34,032,222 7 , 67,093 219,540,136 ,06 ,766,804 12,216, 14 ,398,822,369 – – 54,355 120,848 19, 61,480 20,036,683 423,784, 06 89,574,483 239,9 0,03 1,062,637,9 7 43,264, 29 1,859,251,068 824,472,905 246, 3,968 591,286,031 36,972, 28 103,725 1,699,398, 57 – – – 1,277,297 – 1,277,297 res – – – – 20,756,626 0,756,626 526,884 1,0 5,371 4,7 2,939 1,371, 48 16,356,960 24,013,30 824,999,7 9 247,5 ,339 596,028,970 39,620,77 37,217, 11 ,745, 46,182 (401,2 5,483) (158,004, 56) (356,038,937) 1,023,0 7,144 6,047,018 1 3,804,886
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